1475 Plainfield Pike, Johnston, RI 02919
MULTI_FAMILY - Johnston, RI
- Added:
- Jun 19, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 23 at 12:06 am
Property Features for 1475 Plainfield Pike
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bathroom 2
- Parking
- 8
- Patio and Porch features
- Porch
- Interior features
- Plumbing (Mixed), Insulation (Unknown)
- Exterior features
- Porch
- Basement
- Full, Storage Space, Finished
- Appliances
- Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 1,650 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4920
Utilities
- Heating system
- Natural Gas, Electric (Heating)
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Vinyl Siding
Listing agent Donna Powers (401) 728-2770
Listing office Century 21 Gonsalves - Pastore 126 Broad St., Cumberland, RI (401) 728-2770
Listing date Jun 19, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1920‑built 2‑family home with 2 bedrooms per unit and finished lower level
- Newer roof and replacement windows, plus newer vinyl siding and oak hardwood flooring
- Separate utilities for each unit, with gas water heater plus electric and natural gas heating
- Includes appliances: oven/range, refrigerator, washer, dryer
- Porch and stone front entrance stairs, with a finished basement and two bathrooms
- 2‑car detached garage and plenty of off‑street parking on an oversized lot
Overview
The home is located at 1475 Plainfield Pike in Johnston, Rhode Island (Providence County). The lot is described as oversized and includes outdoor features such as fruit trees, providing room for private outdoor enjoyment.
For buyers or tenants looking for flexible occupancy, the layout supports a live-in and rent-out scenario, with each unit configured with two bedrooms. The finished lower level adds usable space beyond the main living areas, while separate utilities can help simplify unit-by-unit budgeting. With ongoing maintenance reflected in the recent exterior and window improvements, the property is positioned as a practical, ready-to-occupy duplex option.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $25.44 |
| − Vacancy | −$2.7k | −$1.65 |
| EGI | $39.2k | $23.79 |
| − OpEx | −$11.8k | −$7.14 |
| NOI | $27.5k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Johnston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.487179
- Latitude
- 41.793611
